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Philippines' Duterte ditches peace process with Maoist rebels

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MANILA Philippines President Rodrigo Duterte has terminated the on-again, off-again peace talks with Maoist-led rebels as hostilities have continued despite the negotiations, the president's spokesman said on Friday.

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Candidate list for Eurogroup head to be published on Dec 1 23 Nov 2017

BRUSSELS The chairman of euro zone finance ministers, Jeroen Dijsselbloem, will announce on Dec. 1 the names of those who applied to succeed him, but there are still no clear front-runners for the election that will happen three days later.

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Unbending on border, Ireland says there work to do to get Brexit deal next month 23 Nov 2017

DUBLIN Ireland, armed with an EU veto and insistent on an open Irish border after Britain leaves the bloc, is hopeful agreement can be reached by mid-December but believes sufficient progress has yet to be made.

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Macron tones down criticism of Poland, but concerned by its judicial reform plans 23 Nov 2017

PARIS French President Emmanuel Macron said on Thursday that Poland's plans to overhaul the judiciary remained a cause for concern though there were a decreasing number of subjects where the two countries did not see eye-to-eye.

Ireland says Brexit progress still insufficient on border 23 Nov 2017

DUBLIN Ireland has not yet seen sufficient progress on the issue of the border with Northern Ireland to allow Brexit talks to move on to the second phase on trade next month, Foreign Minister Simon Coveney said on Thursday.

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Euro up for a third day as outlook brightens 23 Nov 2017

LONDON The euro rose for a third consecutive day on Thursday after breaking through a key technical level when a flurry of European business surveys pointed to a strengthening growth outlook for the region.

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ECB split over keeping bond buys open-ended - minutes 23 Nov 2017

FRANKFURT European Central Bank policymakers broadly agreed last month on extending their asset purchase scheme but a decision to keep the bond buys open-ended appeared to generate fiercer debate, minutes of the meeting released on Thursday showed.

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Breakingviews - Britain’s RBS garage sale priced for messy Brexit 23 Nov 2017

LONDON (Reuters Breakingviews) - The British government’s Royal Bank of Scotland sale looks priced for a messy Brexit. Chancellor Philip Hammond intends to raise 15 billion pounds to meet fiscal targets by selling the state’s holding in the UK lender. He could achieve that even if RBS shares tumble 30 percent, Breakingviews calculates.

ECB lowers emergency funding cap for Greek banks to 25.8 billion euros 23 Nov 2017

ATHENS The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.1 billion euros to 25.8 billion euros (23 billion pounds) , the Bank of Greece said on Thursday.

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Daily Briefing: Weaker dollar weighs as U.S. marks Thanksgiving 23 Nov 2017

LONDON After the worst day for the dollar index since June on Wednesday due to Federal Reserve angst about sub-target inflation, Chinese shares took a sharp hit on Thursday.

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German Social Democrats under pressure to form grand coalition

BERLIN The leader of Germany's Social Democrats came under growing pressure on Thursday to drop his opposition to a new "grand coalition" with Angela Merkel's conservatives, with senior politicians arguing the party had a duty to promote stability. | Video

'Macron effect' turns U.S. business bullish on France - survey

PARIS The election of pro-business centrist President Emmanuel Macron to lead France has caused a sea change in American investors' view of the country, a survey showed on Thursday, with many planning to expand.

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Brazil striker Robinho given nine-year term for rape in Italy

MILAN An Italian court sentenced former AC Milan and Brazil forward Robinho in absentia to nine years in prison on Thursday after convicting him of taking part in a gang rape of an Albanian woman in 2013.

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